The idea of flying cars has been around for some time, thanks to science-fiction films such as “Back to the Future”. However, what was once considered to be a flight of fancy may soon become a reality with several major companies ramping up the research and prototype production of drone taxis.
The market for flying taxis
Who hasn’t spent wasted hours stuck in a traffic jam on the way to or from work? Well, those jams could soon become a thing of the past thanks to drone taxis.
With companies such as Boeing, Airbus, Uber and Toyota now investing substantial amounts of money into the feasibility of drone taxis, it is hoped that travellers will soon be travelling at 180mph in altitudes of between 1,000 to 2,000 feet.
With a recent study by Morgan Stanley forecasting that the drone aircraft market could be worth a cool $1.5 trillion by 2040, it is no wonder that some of the biggest tech companies on the planet are beginning to take notice of this fledgeling market.
Autonomous cars are already in production and being tested on roads, but the air taxi has the potential to completely change the way we move about in the modern world.
Not only that, but business owners can also see the advantages that autonomous flying vehicles can have when it comes to delivering their products. They also have the potential to reduce operating costs, and this could improve profit margins significantly in the future.
What will drone taxis look like?
Right now, prototype air taxis come in varying shapes and sizes, and they look totally different from traditional aircraft you would expect to find at your local airport.
There are no jet engines for starters, with quiet electric motors providing the power, and with the ability to take-off and land vertically, there will be no need for lengthy runways.
The sky will not be full of autonomous flying cars just yet, as there are several key industries need to come together to make these work, including telecommunications companies, software companies and the aviation and automotive industries.
Governments will also need to change and update regulations to enable the safe passage of drone taxis and other flying vehicles.